Trainer: $13,000 per session" Materials: $2,100 per session and $31 per attendee Catering Costs (subcontracted): Food: $80 per attendee Setup/cleanup: $15 per attendee Fixed fee: $9,000 training session Culture Training is pleased with the service they use for the catering and have allowed them to place brochures on each dinner table as a form of advertising. In exchange, the caterer gives Culture Training a $1,300 discount per session.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.



Trending now
This is a popular solution!
Step by step
Solved in 6 steps with 6 images









